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HomeNewsBusiness"UK Tariff Elimination Marks a Significant Milestone for the Maldivian Fisheries Sector"

“UK Tariff Elimination Marks a Significant Milestone for the Maldivian Fisheries Sector”

Photo Credits: President’s Office

President Dr. Mohamed Muizzu has welcomed the United Kingdom’s decision to abolish tariffs on Maldivian tuna exports, effective today. Characterizing this breakthrough as a monumental achievement for the nation’s fishing industry, the President noted that it follows nearly 12 years of dedicated diplomatic efforts.

He emphasized that this move would broaden market opportunities for Maldivian fish products in the UK, bolster the livelihoods of local fishermen, and yield substantial economic benefits for the country. Highlighting that this success reflects the close bilateral ties between the two nations and the Maldives’ unwavering commitment to sustainable fishing practices, the President extended his gratitude to all parties who contributed to this significant outcome.

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